The Last Watchdog

JULY 27, 2023

New York, NY, July 27, 2023 – QBE North America today announced the launch of a cyber insurance program with new MGA, Converge, acting as program administrator. The program will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber security data access formation.

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Cyber Insurance Insurance Cyber Risk Small Business 188

eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks.

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CyberSecurity Insiders

JANUARY 20, 2022

Businesses in every industry face complex cyber risk, particularly the millions of small and midsize companies comprising much of Acrisure’s client base. Studies indicate approximately 43% of cyberattacks are aimed at small businesses. However, only 14% of small businesses are prepared to defend themselves.

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Insurance Cyber Risk Small Business Financial Services 59

Hacker Combat

JULY 31, 2020

Yes, system incursions upon the likes of Microsoft, Estee Lauder and T-Mobile get the lion’s share of media attention, however cybercriminals hungrily eye higher-volume smaller targets as well. Making them all the more appetizing is the complacency many small business owners have when it comes to network security.

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Cybersecurity Cyber Insurance Insurance Data breaches 53

Spinone

DECEMBER 8, 2016

Cybersecurity is often overlooked by small business, but over 60% of cyber attacks are targeted at small to medium-sized businesses. Small businesses are attractive to hackers because they usually do not have the sophisticated security systems that are in use by larger organizations.

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Insurance Small Business Backups Cyber Insurance 40

Joseph Steinberg

JULY 8, 2021

Note: In an article that I am writing together with Mark Lynd, Head of Digital Business at NETSYNC, and that will appear on this website next week, we will discuss some of the important Considerations when purchasing cyber insurance.

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Insurance Cyber Insurance Cybersecurity Small Business 363

SC Magazine

FEBRUARY 25, 2021

It’s a little blunt to be a solution,” said Mike McNerney, chief operating officer of Resilience, which provides cyber insurance, and a former policy adviser to the Department of Defense. Todt said that cybersecurity insurance is prevalent among SMBs, but often offer a low return on investment.

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